The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

Dubai / Emirates Business Etisalat successfully wrapped up its participation at Gitex Technology Week 2019, attracting visitors, decision-makers, technology experts and media to its stand with a wide array of innovative use cases across mobility, retail, healthcare, manufacturing, aviation, and oil and gas reflecting this year’s theme ‘5G – A World without limits’. Visitors to Etisalat stand experienced the future ...

MADRID / WAM The Emirates News Agency (WAM), signed a new Memorandum of Understanding (MoU), with the Spanish international news agency (EFE), that will see the two sides exchange and disseminate their news items, in support of the growing relations between the UAE and Spain. The agreement was signed by Mohammed Jalal Al Raisi, Executive Director of WAM, and Fernando ...

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai Future Foundation, said that Dubai continues to cement its position as a global hub for young talent and creative minds, with its determination to employ technology across various ...

ABU DHABI / WAM The UAE and Belize recently signed an economic cooperation agreement to develop, enhance, and expand their cooperation on areas of mutual interests. The agreement was inked by Sultan bin Saeed Al Mansouri, Minister of Economy, and Erwin Contreras, Belize’s Minister of Economic Development, Petroleum, Investment, Trade, and Commerce. The agreement covers various major sectors, including trade ...

Bloomberg The Pentagon said it’s ramping up the deployment of US forces to the Middle East to “assure and enhance the defense of Saudi Arabia” against Iran at the same time President Donald Trump has vowed to start bringing troops home from the region. Combined with other recent deployments, about 3,000 personnel are being sent or having their missions extended ...

Bloomberg Apple Inc has pulled the plug on an app that shows police activity in Hong Kong, reversing course yet again as violent pro-democracy protests wrack the city. The US company said it’s now decided to remove HKmap.live from its App Store after consulting with local authorities, because it could endanger law enforcement and city residents. That marks a return ...

Bloomberg Takeda Pharmaceutical Co is nearing the sale of a portfolio of assets in the Middle East, Africa and Russia to separate buyout firms that could help the drugmaker raise about $1 billion to reduce debt, according to people familiar with the matter. The Japanese company is in advanced talks to sell over-the-counter and prescription-drug assets in Russia to Stada ...

Bloomberg India’s factory output contracted for the first time in more than two years in August, as a sharp fall in capital goods and consumer durables production weighed on activity. The index of industrial production fell 1.1% in August, data released by the Ministry of Statistics showed Friday. That compares with an estimate for a 1.7% expansion. The decline, last ...

Bloomberg Singapore will spend more than S$1 billion ($728 million) on upgrading projects for public and private housing estates over the next few years, Minister for National Development Lawrence Wong said in a speech, according to the Straits Times. The projects will cushion industry partners in the current economic climate, he said at an annual gathering for the ministry, according ...

Bloomberg The tumultuous saga of former Indian billionaires Malvinder and Shivinder Singh seems to be entering a decisive stage. Scions of one of the nation’s most prominent business families, the Singh brothers were arrested and brought into a New Delhi trial court to face charges of fraudulently diverting nearly $337 million from a lender they controlled. The arrests send a ...